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Ajinextek Co (XKRX:059120) Days Inventory : 284.77 (As of Dec. 2024)


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What is Ajinextek Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Ajinextek Co's Average Total Inventories for the three months ended in Dec. 2024 was ₩13,397 Mil. Ajinextek Co's Cost of Goods Sold for the three months ended in Dec. 2024 was ₩4,293 Mil. Hence, Ajinextek Co's Days Inventory for the three months ended in Dec. 2024 was 284.77.

The historical rank and industry rank for Ajinextek Co's Days Inventory or its related term are showing as below:

XKRX:059120' s Days Inventory Range Over the Past 10 Years
Min: 106.56   Med: 212.64   Max: 372.59
Current: 323.07

During the past 13 years, Ajinextek Co's highest Days Inventory was 372.59. The lowest was 106.56. And the median was 212.64.

XKRX:059120's Days Inventory is ranked worse than
94.42% of 2383 companies
in the Hardware industry
Industry Median: 96.89 vs XKRX:059120: 323.07

Ajinextek Co's Days Inventory declined from Dec. 2023 (446.27) to Dec. 2024 (284.77).

Inventory Turnover measures how fast the company turns over its inventory within a year. Ajinextek Co's Inventory Turnover for the three months ended in Dec. 2024 was 0.32.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Ajinextek Co's Inventory-to-Revenue for the three months ended in Dec. 2024 was 2.45.


Ajinextek Co Days Inventory Historical Data

The historical data trend for Ajinextek Co's Days Inventory can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ajinextek Co Days Inventory Chart

Ajinextek Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 227.18 106.56 198.10 372.59 301.24

Ajinextek Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 446.27 318.59 418.46 309.82 284.77

Competitive Comparison of Ajinextek Co's Days Inventory

For the Scientific & Technical Instruments subindustry, Ajinextek Co's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ajinextek Co's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Ajinextek Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Ajinextek Co's Days Inventory falls into.


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Ajinextek Co Days Inventory Calculation

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Ajinextek Co's Days Inventory for the fiscal year that ended in Dec. 2024 is calculated as

Days Inventory (A: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2023 ) + Total Inventories (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (14816.822 + 12684.04) / 2 ) / 16660.709*365
=13750.431 / 16660.709*365
=301.24

Ajinextek Co's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

Days Inventory (Q: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2024 ) + Total Inventories (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (14109.789 + 12684.04) / 2 ) / 4292.839*365 / 4
=13396.9145 / 4292.839*365 / 4
=284.77

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Ajinextek Co  (XKRX:059120) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

1. Inventory Turnover measures how fast the company turns over its inventory within a year.

Ajinextek Co's Inventory Turnover for the three months ended in Dec. 2024 is calculated as

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Ajinextek Co's Inventory to Revenue for the three months ended in Dec. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=13396.9145 / 5478.366
=2.45

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


Ajinextek Co Days Inventory Related Terms

Thank you for viewing the detailed overview of Ajinextek Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Ajinextek Co Business Description

Traded in Other Exchanges
N/A
Address
27, Seongseogongdan-ro 11-gil, Dalseo-gu, Daegu, KOR, 704-240
Ajinextek Co Ltd is engaged in the development of industrial automation control and measurement systems, optical transmission chip used in telecommunication. The company's product includes Motion chips, Board, Network controller among others.

Ajinextek Co Headlines

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